Salamander secures rig to start Bontang drilling campaign
Monday, September 20 2010 - 07:52 AM WIB
UK oil and gas firm Salamander Energy has contracted the Hakuryu 5 semi-submersible rig owned by Japan Drilling Company to drill its Angklung-1 exploration well in the Bontang PSC, East Kalimantan.
The rig has departed from Singapore and is under tow en-route to the Bontang PSC. It is expected to take approximately 12 days for the rig to arrive on location, the company said in a statement on Monday.
The well will take approximately 39 days to drill on a dry hole basis, it said.
The Angklung prospect has been selected as the first exploration drilling target on the block. It is forecast to contain mean prospective resources of 125 MMboe.
Salamander has 90% interest in the Bontang PSC. (denny)